Three Smart Reasons To Cash In On Your Junk Car

Whether your car was totaled in an accident or just has no more life left, you might wonder what you can do with the vehicle now. There are several options available, including donating it to charity or using it as part of a trade-in at a dealership. However, trading your junk car in for cash offers a host of benefits you might not have thought of before. Here are just some of the many reasons why you should sell your junk car for cash. 

Better Value

Trading in a junk car at a dealership can provide you with a bit of money to put toward another new or used vehicle, but you likely won't get top dollar. This is because the dealership won't be able to sell it whole to another customer. The cost of repairs might be too much to make the trade-in profitable, and the dealership may simply end up scrapping the car for cash or parts. Donating to charity provides you with a tax write-off, but you can only deduct the vehicle's fair market value up to $500, depending on how much the charitable organization is able to sell it for. Junkyards and other similar businesses aren't constrained by tax regulations or by the car's chances for resale. Depending on the make, model, and condition of desirable parts, you might be able to take home a significant amount of cash for your clunker. Of course, it might be a good idea to get some competing quotes from local junkyards to ensure you're getting the best possible deal. 


Junkyards purchasing your vehicle can use a great number of parts and components for a variety of uses. Some parts might be made available to customers for resale, while others can be used to repair other older vehicles to keep them running. Parts not used can then be recycled, providing a way to make the most of every bit of the car. Reuse and recycling can help promote sustainability, ensuring old cars don't sit around gathering rust and dust. Be sure to ask the staff at the junkyard what the company's policy is on recycling so you can feel confident you're making the right choice for your wallet and the environment. 

Ease Of Disposal

If you're considering selling your car privately or shopping it around as part of a trade-in, you might find only limited interest in the vehicle. This means you'll be saddled with storage and at least minimal upkeep until you can find a buyer. When you contact a junkyard to sell your old car or truck, the transaction can take place in as little as a few hours. The crew at the junkyard can inspect the vehicle at your home and tow it away, leaving you with a check or cash and a receipt for your transaction. This means getting rid of your problem car quickly without having to do a lot of leg work. For more information, contact a company like Precision Towing & Recovery.